Xhaka wanted by Bayern Munich, Arsenal and Chelsea, according to the German press.Getty

Arsenal manager Arsene Wenger insists the club have not made any moves to sign Borussia Monchengladbach star Granit Xhaka.

German daily Bild recently claimed the 23-year-old midfielder has emerged as a target for Bayern Munich ahead of the summer transfer window with both Arsenal and Chelsea also keen on his services.

Xhaka, who has a release clause of €30m (£24m, $34m), has previously revealed a move to the Premier League is a "childhood dream" of his, fuelling speculation he will opt for a move to these shores, rather than to Bayern.

Gladbach sporting director Max Eberl has previously warned clubs interested in the player "there is no need to call us" with a transfer offer and, for now it seems, Arsenal are not pursuing the Switzerland international.

When asked if his side were interested in signing Xhaka, Wenger told a press conference on Thursday 7 April: "At the moment, no. We are starting to look at people who can strengthen our squad. But we are not on any particular case in a concrete way."

Last week, Xhaka made it abundantly clear there have been no talks with Arsenal or any other club. In an interview with Cologne-based newspaper Express, the midfielder said: "I've seen the rumours linking me with a move to Arsenal and all I can say is that it's nonsense," 23-year old Xhaka said. "There have been no negotiations with Arsene Wenger. Nothing has been agreed.

"If someone claims to have seen my father negotitating in London, then they should show me the photo. No one from London has been here to negotiate, either. If someone claims otherwise, give me a call! I can invite you to dinner. You [the media] can write that down for all I care."